HC Deb 26 January 1977 vol 924 c640W
Mr. Ralph Howell

asked the Chancellor of the Exchequer what has been the annual rate of retail price inflation over the past six month period.

Mr. Robert Sheldon

In the six months ended to December 1976 the Retail Price Index rose by 7.7 per cent. which, by compounding, is equivalent to an annual rate of 16.0 per cent.